Top 5 Stocks Of The Day: The top gainers on the Nifty includes NTPC, BPCL, Power Grid Corporation, Tata Steel and Coal India. The Nifty was up 172.90 points, or 0.79 percent, at 22,012.00, while the Sensex was up 539.50 points, or 0.75 percent, at 72,641.19. The market saw widespread buying due to encouraging global cues, a dovish Fed, and signs of three rate cuts in 2024. A total of 2,591 shares increased, 766 decreased, and 88 remained unchanged. All market segments concluded positively, with small- and mid-cap stocks surpassing their large-cap counterparts. The Nifty PSE index, which increased 3.5%, was the largest sectoral gainer.
Top 5 Stocks Of The Day
| Name of companies | Change | Volume |
| NTPC | 3.62 | 2,33,70,426 |
| BPCL | 3.59 | 83,12,666 |
| Power Grid Corporation | 3.38 | 2,35,59,105 |
| Tata Steel | 3.12 | 8,42,25,737 |
| Coal India | 3.09 | 99,11,230 |
HPCL’s Greenfield Chhara LNG
Would take advantage of the stock’s 25% gain over the previous three months as a selling opportunity. possess a drawback catalytic watch available It looks like HPCL’s greenfield Chhara LNG facility will soon be put into service. Debottlenecking at the Dabhol terminal is expected to be completed, according to GAIL as well. Asian location The price of LNG has increased by 18%, from USD 8.5/mmbtu to USD 9.9/mmbtu. The commodities team at Citi recently shared their optimistic outlook for petrol prices. JKM LNG is anticipated to average between $10–14/mmbtu in Q2–Q4 of CY24 and $15/mmbtu in CY25. Potential rise in ONGC’s gas output may also restrict the potential growth in LNG imports.
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